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Days40Days on Market
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$485,000

111 Fisher ST A & B, Elgin, TX, 78621

$497,973 ARVInfo
On MarketInfo
Baths0 Bath
Baths2,486 Sq Ft
DuplexDuplex
price_per_sqft$195.09 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bathrooms 0Bathrooms 0
CoolingCooling
AppliancesFree Standing Electric Oven, Microwave, Refrigerator
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size9,365 sqft

Building Information

Roof Type105

Land Information

APNR8732149
Lot Number2
Land UseResidential - Duplex
Legal DescriptionMP ESTATES, LOT 2, ACRES 0.215
Census Tract950201
Assessed Land Value$45,592
Assessed Improvement Value$227,962
Assessment Year2025

About this property

Excellent opportunity to acquire a newer construction duplex in a growing rental market. Both units are currently occupied and offer 3 bedrooms, 2 bathrooms, modern finishes, quartz countertops, private fenced yards, and separate utility meters. Built in 2024, this low-maintenance property provides immediate rental income and the advantages of newer construction. Conveniently located with easy access to Hwy 290, approximately 15 minutes from Tesla Gigafactory and Samsung, the property benefits from proximity to major employment centers and continued housing demand in the area. Whether you're looking to expand your portfolio or secure a quality income-producing asset, this duplex offers strong long-term investment potential. Investor opportunity: Two additional duplexes are available and may be purchased individually or as part of a portfolio package. Contact listing agent for pricing and details. Easy to show. Bring offers.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$0Estimated Mortgage Balance
$299,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$497,972
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

Interested in this property?

Kristi Plotkin

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$125/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$273,554
2025
$45,592
$227,962
$273,554
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$273,554

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$299,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Elgin

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111 Fisher ST A & B | Property Details | No Agent List